Being a bookmaker is quite tough these days. Not only is there lots of competition, but the government is looking to clamp down on the industry. To survive and thrive in this environment you have to be good at keeping your customers happy. William Hill (LSE: WMH)looks like it is doing lots of things right.
This week's trading update revealed that the business isdoing very nicely. Sports betting boosted by the WorldCup has been very kind to William Hill.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
What Santander’s takeover of TSB means for customersSantander is set to buy rival TSB for £2.65 billion. What does it mean for customers, and could we see the TSB brand disappear from the high street?
-
How to find active fund managers that are worth paying forActive funds are unlikely to beat a cheap tracker on average, but can be valuable in certain markets
-
William Hill goes all in on PokerStarsFeatures William Hill is in talks with Canada’s Amaya, owner of PokerStars – the world’s largest online poker business – about a £5bn merger. But is it a good idea?
-
Shares in focus: Should you take a punt on William Hill?Features Bookies William Hill is a decent business. But is it worth a flutter? Phil Oakley investigates.
